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Hersh Shefrin : Investors Who Head for Sidelines Often Miss Rebounds : CNN Money
Monday, Jan. 11, 2010
Hersh Shefrin was quoted in Walter Updegrave's "4 Simple Steps to Savvy Investing" on CNN Money's website. Shefrin said that when an inevitable market downturn occurs, many investors pull out of the markets, seeking safety, but that they stay on the sidelines too long. "We...focus so much on safety that we're not positioned to capture gains when the market turns around, which it typically does very quickly." Read the complete article here >> 1/8/10.